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Most crypto trades do not involve USD because they are directly between one coin and another. Since each coin had a value in BTC, and BTC has a value in fiat, e
by mathgeek 9y ago
Most crypto trades do not involve USD because they are directly between one coin and another. Since each coin had a value in BTC, and BTC has a value in fiat, each altcoin has a value in fiat. That's why the new tax rules work (kind of).